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Please join us on September 21^st for the National Association of Business Economists teleconference on the state budget crisis.  “Slash, Tax and Bond- State Strategies for Closing Budget Gaps” will bring together leading experts to examine current trends in state tax reform; proposals to monetize assets, and changing spending priorities.  Dan Levine will moderate. To register, please use the following link: http://www.nabe.com/rt/reg/events.html#SeptemberRURT

 

Journal of MultiState Taxation- June, 2010.  How State Budget Woes Might Affect Your Business.  Spending cuts at the state level inevitably mean that local spending will be commensurately reduced or property taxes will rise. Employee dissatisfaction with their home community and resulting recruitment and retention difficulties, may accelerate a company’s need and willingness to move to a lower-cost location.

 

New Jersey Biz- April, 2010 Pharma plans new strategies to keep jobs, investments in N.J.   Major pharmaceutical companies are implementing new research and development strategies that will result in their outsourcing more than 50% or research and development to third parties.  This creates unique opportunities for research universities and extreme challenges for those locations currently hosting large R&D facilities.

 

Area Development Magazine- January, 2010 24th Annual Corporate Survey Analysis by Daniel Levine ...  One surprise in this year’s survey was that an equal number of respondents opened facilities as shut them down during the past year….. Because most of the increased profit reported by S&P companies during the past year has resulted from cost cutting (especially reducing employment), companies are sitting on vast quantities of surplus property.  Unless top line revenue growth resumes in earnest (and new hires start filling vacant space), tight commercial real estate financing will remain a top concern throughout 2010.

 

Business Expansion Journal- January, 2010.  What's Ahead? Site Selection Outlook For 2010-2015 | Business ...  Recovery is a bit of a misnomer in this situation. Our economy has undergone a structured but orderly decline as governments, companies and households deleveraged themselves from positions of excessive debt. I do not expect to see the same level of cyclical bounce that one expects during a typical “recovery.” Consequently, during 2010 and beyond, there will be tremendous opportunities for companies to restructure and consolidate operations in locations where they can capture some of the cost-savings opportunities that result from the surplus labor and real estate now abundant in most markets.

 

New Jersey Biz- November, 2009.  Corner Office: Daniel Levine . http://www.allbusiness.com/trade-development/economic-development/13535313-1.html Today’s economy demands new economic development strategies.  In New Jersey, successful economic development will require that the state more effectively target new foreign direct investment and promote university-business research partnerships. 

 

University Economic Development Association-October, 2009.  Corporate Relocation – How companies choose one location over ...  Dan Levine’s presentation to the annual summit of the UEDA.  How do companies choose one location over another and what roles do universities play in the process?

 

Area Development Magazine- September, 2009. Keeping Jobs At Home: Strategies That Work Weak labor and real estate markets, slow top line revenue growth at most companies and much less foreign direct investment means fewer corporate projects during this coming year.  What can states do to leverage corporate relationships and what can companies do to more effectively partner with public institutions in their communities? This article explores a few strategies that work.

 

Site Selection Magazine- July, 2009.  Cases Studies in Cooperation.  How Universities and private industry can maximize their proximity and their job-creation potential.  From technology transfer to the outsourcing of corporate research and development; learn how innovative universities are positioning their communities for growth.

 

Dallas Business Journal- June, 2009.  Observation regarding the strength of the Dallas/Fort Worth Region for recruitment of financial services companies; particularly as recession winds down.

 

Roundtable in the Rockies- March, 2009. Expansion Management’s conference on economic development. Vail, Colorado.  Dan Levine’s presentation on strategies for promoting economic development given today’s tough business climate.  Through 2010 at least, growth will come from successful retention and expansion rather than true attraction projects.